Time To Short Wells Fargo Again?

August 7th, 2009
| More
Contributed by: Teri Buhl
According to an article this afternoon by Teri Buhl, the “smart money” is turning bearish on Wells Fargo (NYSE: WFC). On Thursday, spiked volume and block buys had hedge funds scurrying. Sources have been claiming that Goldman Sachs (NYSE: GS) is behind the bearish bets. Her article also suggests that short-sellers like Jim Chanos’ Kynikos Associates and David Einhorn’s Greenlight Capital may also be involved. Notably, Warren Buffet’s Berkshire Hathaway is WFC’s largest holder with over 300,000,000 shares.

To see the complete article on BankImplode.com, please click Is it Time To Short Wells Again?

For more information on the funds and fund managers mentioned above, please see their “Detailed Investor Profiles” below. To see HedgeTracker’s Complete Hedge Fund Directory, click here.
For Detailed Investor Profiles on these Investors, click below:
Greenlight Capital
Kynikos Associates
Berkshire Hathaway (Warren Buffett)
Related People: Bruce Gutkin; Charles T. Munger; David Einhorn; Harry Brandler; James Chanos; James Lin; Jeffrey A. Keswin*; Nelson Heumann; Todd Combs; Vinit Sethi; Warren E. Buffett
Related Entities: Berkshire Hathaway Finance Corp; Berkshire Hathaway Life Insurance; Berkshire Hathaway Reinsurance Group; Bill & Melinda Gates Foundation; DME Advisors LP; GEICO; General Re; Greenlight Capital Inc; Greenlight Masters LLC; Greenlight Private Equity Partners; Kynikos Alpha Tactical Fund; Kynikos Opportunities; MidAmerican Energy Holdings; Ursus International; Ursus Partners LP
Related Article Tags: Shareholder Activists, Corporate Raiders and Proxy Battles; Hedge Fund Resources and Featured Partner News

More Recent Headlines

Ironfire Capital's Plea to Dismantle Broadridge Monopoly

Harbinger Capital Abandons Attempt at Asarco Takeover

Hedge Poachers: Talent Leaves GLG, JPMorgan, Caxton & Fortress

Ben Axler launches Spruce Point Value Hedge Fund

Yahoo! Directors Are to Blame for Lousy Search Deal

Och-Ziff Capital pays big bonuses to Traders, Records $88mm Loss

T. Boone Pickens Bullish on Clean Energy Future, Oil

Microsoft Should Think Big, Not Bing

Icahn, Highside, & Greenlight Blind-Sided, Memo States that Guaranty Bank may be Seized

Partner Fund, Cavalry Asset Management and Prescott Group join the Top Solar-Focused Hedge Fund List